Sparc Technologies recently announced the acquisition of Australian company Graphene Technology Solutions (GTS), as well as its plan to become a “significant developer of graphene-based products that will disrupt and transform industrial markets”. With its ASX new ticker code ‘SPN’, Sparc is expected to have an enterprise value of AUD$8 million (around USD$5.8 million).
The company intends to leverage its exclusive research collaborations to develop and commercialize graphene technologies with its sights set on three initial target markets – marine and protective coatings, environmental remediation, and metals recovery from tailings.
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